Adam Haris

Yes, non-Muslims can buy takaful products. While takaful is based on Islamic principles, it is open to everyone regardless of their religion. The ethical principles, transparent profit-sharing, and mutual cooperation model of takaful make it an attractive alternative to conventional insurance for both Muslims and non-Muslims seeking ethical financial protection Can Non-Muslims Participate In Takaful? … Read more

Yes, individuals with autism can generally apply for takaful coverage, though acceptance may depend on various factors including the type of coverage sought, the severity of the condition, and the specific takaful operator’s underwriting policies. Many takaful operators offer coverage for individuals with autism, particularly for medical and family takaful plans, but there may be … Read more

Takaful is often considered more favorable than conventional insurance due to its ethical and religious compliance, transparent profit-sharing model, and community-focused approach. It operates on principles of mutual cooperation where participants share risks collectively rather than transferring risks to an insurance company. The system ensures that investments are ethically managed, surplus profits are distributed among … Read more

Tabarru’ in takaful is a fundamental Islamic concept meaning ‘donation’ or ‘contribution,’ where participants voluntarily contribute to a mutual fund to help other participants in times of need. This donation is made with the explicit intention of providing mutual help and solidarity, not for commercial gain. It forms the core principle that makes takaful Shariah-compliant … Read more

The fundamental difference between takaful and conventional insurance lies in their core principles and operational structures. Takaful is based on Islamic principles of mutual cooperation (ta’awun) and donation (tabarru’), where participants contribute to a shared risk pool to help each other in times of need. Conventional insurance, however, operates on a risk transfer model where … Read more

The main difference between motor takaful and motor insurance lies in their fundamental operating principles and structures. Motor takaful is based on Islamic principles of mutual cooperation (ta’awun) where participants contribute to a shared pool (tabarru’) to help each other in times of vehicular loss or damage. In contrast, conventional motor insurance operates through a … Read more

Takaful is an Islamic insurance concept based on the principles of mutual cooperation (ta’awun) and donation (tabarru’), where participants contribute money into a pooling system to guarantee each other against specific losses or damages. Unlike conventional insurance, Takaful operates in accordance with Shariah law, avoiding elements of riba (interest), gharar (uncertainty), and maysir (gambling). The … Read more